Woman Calculating Income Tax Deductions

The amount of the standard deduction you will receive depends on the filing status you qualify for. In 2014, single taxpayers who file separate returns can claim a standard deduction of $6,200; this amount also applies to married couples who file separately. If you are married and are filing jointly, the standard deduction doubles to $12,400, while those filing as head of household can claim $9,100.

For further questions about Phoenix personal income tax accounting, please contact Singer Tax & Accounting, PC today at (602) 482-8006.